The long read: Putting solar capital to work
Venture capital investment in solar and energy storage companies in sub-Saharan Africa brings with it considerable risk, but also holds the promise of making an outsized impact in delivering clean energy access. KawiSafi Ventures Managing Director Amar Inamdar says that venture capital investment in frontier markets will be a key part of the “capital stack” required to pursue the joint goals of leapfrogging fossil fuel energy development in the continent and lighting up African lives.
India has installed more than 57.7 GW of solar
The nation reached a cumulative 57.7 GW of solar power generation capacity by June 30, 2022. Rajasthan (14.4 GW), Gujarat (7.8 GW), and Karnataka (7.6 GW) top in PV installations.
There’s big money in recycling materials from solar panels
Recycling solar panels keeps them out of landfills, but also provides much-needed raw materials with Rystad Energy projecting a value approaching $80 billion by 2050.
The long read: Solar support in hazardous locations
In some of the world’s most hazardous locations, a resilient and autonomous common denominator is often found – solar energy. From offshore oil rigs to remote mine sites and the frontlines of conflict zones, solar power functions where others fail, and it does so without the need of refuelling or regular maintenance. But what makes solar such a ‘no-brainer’ that even the oil and gas industry must turn to it? And what other hazardous locations can be electrified with solar? Blake Matich reports.
One-third of global PV manufacturing capacity is at medium or high risk of bankruptcy, IEA says
A new report from the International Energy Agency stresses the importance of geographically diversifying the global PV supply chain. This would prevent supply chain vulnerability to bankruptcies and underinvestment.
The long read: When a solar spark becomes a fire
In 2021, China installed 21.6 GW of residential PV, which accounted for nearly 40% of the total annual installation figure of 54.9 GW. Spool back to 2018, and the residential segment clocked in at a mere 3 GW – less than 7% of the total for the year. Vincent Shaw in Shanghai reports on how changing market priorities caused a spark that quickly became a fire.
Microsoft to purchase power from a 100 MW Amplus Solar project in India
On the road to becoming carbon negative, Microsoft increases the amount of zero-carbon electricity it’s procuring through long-term contracts.
DVC seeks EPC contractors for 30 MW of floating solar
State-owned Damodar Valley Corp. (DVC) is seeking contractors to install and commission 30 MW of grid-connected floating solar capacity at its thermal power stations in Jharkhand and West Bengal. Bidding closes on Aug. 1.
The long read: Clear winds of renewables change
After a decade of under-delivering on its potential, there are changes afoot in Southeast Asia’s renewable energy development, says Assaad W. Razzouk, the CEO of Singapore-based developer Gurin Energy. Razzouk points to success stories in the region and notes that political will and clear regulations for developers are needed.
Jakson switches on 70 MW Amguri solar park in Assam
Noida-headquartered Jakson Group has developed a 70 MW solar project with engineering, procurement and construction done in-house. The plant will supply electricity to Assam Power Distribution Co. Ltd.
